Private Advisor Group expands in Tennessee

investmentnews.com:

Private Advisor Group, a large independent wealth firm based in Morristown, New Jersey, has made another addition to its network.

The East Coast-based RIA announced it has welcomed Ethan Campbell, a wealth advisor at Stones River Wealth Management, to its network.

Based in Tennessee, Campbell has been in the industry for nearly a decade, including a four-year tenure at Edward Jones.

With more than $31.5 billion in assets under management as of the end of 2023, Private Advisor Group has attracted advisors from across the US with a platform that supports their growth, fiduciary responsibility, and client-focused strategies.

“Mr. Campbell’s decision to join Private Advisor Group underscores our commitment to providing top-tier support and resources to financial professionals seeking to elevate their practice. His knowledge and reputation further enhance our ability to deliver exceptional service and value,” Verne Marble, director of business development at Private Advisor Group, said in a statement.

Campbell is making the transition with his longtime team at Stones River, which includes wealth advisor Collin Reed and office administrator Alana Hale. They are transitioning by integrating into a larger practice, EPM Financial, a Private Advisor Group affiliate with an estimated $500 million in AUM.

The new alignment not only adds Campbell’s expertise and a $90 million client asset base into Private Advisor Group business, but also reinforces River Stones’ practice by tapping into the larger platform’s multi-custodian offering and robust technological resources.

Brandon Edwards, managing partner at EPM Financial, emphasized the strategic nature of this partnership.

“The alignment with Private Advisor Group through EPM